Question

TSRTC should be under government control or should be privatized. Give points and advantages and disadvantages of both situations.​

Answer 1

Explanation:

The advantages of transferring government-owned assets to the private sector are increased efficiency and profits, largely because competition incentivizes innovation and improvement. The disadvantages of privatization are decreased regulation and government revenue.

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Answer 2

Explanation:

The advantages of transferring government-owned assets to the private sector are increased efficiency and profits, largely because competition incentivizes innovation and improvement. The disadvantages of privatization are decreased regulation and government revenue.